We can take care of both the business and personal affairs of partnerships and LLPs. We work with a large variety of partnerships and have a number of dedicated specialist sector teams such as for our legal, vet and dentist clients.

We combine national coverage, with a truly personal service dedicated to addressing your business aims.

How can we help you?

Provide advice on the commencement and cessation rules (including the admission of new partners and partner retirements)
Conversion to Limited Liability Partnership
Advice and assistance with Incorporating your business

Advice on the use of corporate partners
Capital Gains Tax advice on asset disposals or partnership sales
Private Client services for partners
Wealth Management reviews

Case Study

Legal practice incorporation

Background: We advised on and assisted with the incorporation of a niche legal practice from an LLP with a corporate partner into a limited company and also put in place a share scheme for key employees.

How we helped: The incorporation has resulted in tax savings of £1.5m in the first two years alone.

Other tax services

Featured news

Tax update: Basis period reform – an update

Monday 15 November 2021

Following the confirmation that the reform to income basis periods would be delayed by a year, some welcome amendments to the proposals have now also been tabled in the draft Finance Bill published on 4 November 2021.

Tax update: Deferral announced for MTD and basis periods reform

Wednesday 29 September 2021

On 23 September 2021, the Government announced that Making Tax Digital (MTD) for income tax will be postponed, along with the proposed reform to income tax basis periods. These deferrals come as welcome announcements after much lobbying and representations from professional bodies and other stakeholders that they were being introduced too quickly and without sufficient time for taxpayers to adequately prepare.